NOT LISTED FOR SALE

Estimated Value: $620,000 - $796,000

4 Beds
2 Baths
1,386 Sq Ft
$518/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $600,000 $433 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,637/month

17 Days on Market

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • Wood Siding

About This Home

As of March 2023

Centrally located duplex with long term tenants. Both units are 2 bedroom 1 bath. One unit has a side and front yard. The second unit has a front yard and a patio. Corner lot, close to freeways and downtown. Property has deferred maintenance.

Last Agent to Sell the Property

Jefi Moultrie

Keller Williams Realty License #01337597 Listed on: 12/01/2022

Keller Williams Realty

Co-Listed By

Joe OMeara

eXp Realty of California, Inc. License #01422229

Last Buyer's Agent

Osvaldo Calderon

Coldwell Banker Realty License #01736073

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,551

Year Built

  • 1957

Lot Details

  • 4,807 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity, gas/propane
  • Assessor Parcel Number 541-622-09-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $26,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,551

Year Built

1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: Quail St
  • Neighborhood: Marilou Park
  • Stories: 1 Story
  • Sale Price List Price: 1.2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 541-622-09-00
  • Estimated Lot Sq Ft: 4807

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26880
  • Annual Expense Actual: 6720
  • Gross Rent Multiplier Actual: 14.85
  • Gross Sched Income Actual: 2800
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 27, 2023
Sold by
Flores Macrina
Bought by
Prieto Martin Soto
Seller's Agent
Jefi Moultrie
Keller Williams Realty
Buyer's Agent
Osvaldo Calderon
Coldwell Banker Realty
List Price
$499,000
Sold Price
$600,000
Premium/Discount to List
$101,000
20.24%
Total Days on Market
17
Views
144
Current Estimated Value
$717,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,386
Avg. Annual Appreciation
8.12%
Original Mortgage
$589,132
Outstanding Balance
$573,326
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$144,060

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 26, 2023
Sold by
Torres Augustina Veledias
Bought by
Cordozo Marcos Tablas
Seller's Agent
Jefi Moultrie
Keller Williams Realty
Buyer's Agent
Osvaldo Calderon
Coldwell Banker Realty
List Price
$499,000
Sold Price
$600,000
Premium/Discount to List
$101,000
20.24%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Outstanding Balance
$573,326
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$144,060

Purchase Details

Closed on
Dec 28, 2022
Sold by
Hammond Philip
Bought by
Cordozo Marcos Tablas and Prieto Martin Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Outstanding Balance
$573,326
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$144,060

Purchase Details

Closed on
Jan 20, 2000
Sold by
Hammond Mary
Bought by
Cordero Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,969
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2000
Sold by
Stebbins David
Bought by
Cordero Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,969
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 1999
Sold by
White Milton G
Bought by
Williams Robert
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Prieto Martin Soto -- Chicago Title
Cordozo Marcos Tablas -- Chicago Title
Cordozo Marcos Tablas $600,000 Chicago Title
Cordero Luis A -- Stewart Title
Cordero Luis A $126,000 Stewart Title
Williams Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prieto Martin Soto $589,132
Previous Owner Cordero Luis A $150,900
Previous Owner Cordero Luis A $412,500
Previous Owner Cordero Luis A $99,000
Previous Owner Cordero Luis A $283,500
Previous Owner Cordero Luis A $100,000
Previous Owner Cordero Luis A $129,000
Previous Owner Cordero Luis A $124,969
Previous Owner Stebbins David $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $600,000 +20.2% $433 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $499,000 -- $360 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,551 $611,999 $501,206 $110,793
2023 $7,282 $591,600 $484,500 $107,100
2022 $2,253 $182,465 $95,659 $86,806
2021 $2,238 $178,888 $93,784 $85,104
2020 $2,211 $177,055 $92,823 $84,232
2019 $2,172 $173,584 $91,003 $82,581
2018 $2,032 $170,181 $89,219 $80,962
2017 $1,984 $166,845 $87,470 $79,375
2016 $1,951 $163,574 $85,755 $77,819
2015 $1,922 $161,118 $84,467 $76,651
2014 $1,893 $157,963 $82,813 $75,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220029055

San Diego MLS

APN: 541-622-09